MAHARLIKA NATION | SIGNING OF DEAL | ADVANTAGE AND DISADVANTAGES OF DIGITAL CURRENCY TO PAPER MONEY

In a joint statement, the central banks said their Memorandum of Understanding (MoU) signed on Feb. 1 looks to “provide a framework of closer cooperation between the two central banks” in order to attain a “more secure, efficient and reliable payment system, and to promote digital financial innovation.” The MoU signed by BI Governor Perry Warjiyo and BSP Governor Benjamin E. Diokno in Manila, Philippines.

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